Wednesday, January 3, 2024

NQ Guideline For Thursday

A very bearish looking sideways consolidation day for NQ on Wednesday following a large doantrending day on Tuesday.

NQ is likely to drop down to support zone between 16,300-16,350 area before bouncing back up. As such, we could see NQ dropping down to support and then rally.

Key intraday inflection price level for Thursday is at 16,625, bullish above it, bearish below it.